Nabil Bank in the list of top gainers; Nepal Bank traded the most; Weekly wrap of the NEPSE index

NEPSE index movement:

The index opened at 1262.98 points and closed at 1248.53 points with the loss of 14.45 points (1.14%).

The candlestick chart of the weekly time-period is shown below;

The NEPSE index has formed a bearish candle this week.  From the chart, we can observe that the index is trying to get out of the sideways movement of the last month.

There are chances of the market breakout in any direction and we could see some sharp movement in the prices.  There is a beautiful history of sharp upward movement in the month of July, so we hope the last two weeks of the month brings a smile in investors faces.

Special candlestick pattern was not observed this week. There is a slight decrement in the turnover compared to last week.

NEPSE Chart Analysis:

This the index has formed two bearish candles followed by three very small bodied candles.

The buyers have stabilized the initial selling pressure in the market this week, which is a good sign for the investors.

All the analysis are done with the SS Pro Software. To know more about the software click on the link below

SS Pro

Weekly Market Summary of NEPSE

More than 1.13 crore unit of shares of worth Rs 2.63 arba has been traded through 34 thousand transactions this week compared to 1.61 crore unit of shares of worth Rs 2.66 arba, last week. The current market capitalization of NEPSE stands at Rs. 1,554,362.51Million.

The turnover has decreased by 1.36% this week compared to last week. The Total Traded shares decreased by 29.27%.

Sector-wise breakdown of the turnover of this week

The total turnover of commercial bank decreases to 47.81% from 53.9% compared to last week.

The List below shows the sector-wise turnover

NEPSE index and Sub-indices performance: (Increment here is based on the previous week closed value)

The NEPSE index is down by 0.95%. Top looser sector this week was the life-insurance sector which is decreased by 1.86%. However, in decreasing indices, Finance sector index is up by 0.55%. Hydropower sector also increased by 0.02%.

Stock with the highest monthly Beta value from the Banking & Finance Sector

Best finance company Limited (BFC) has the highest market beta of 2.72 this week followed by Green Development bank (GRDBL) of 2.51.

All the analysis are done with the SS Pro Software. To know more about the software click on the link below

SS Pro

Top Ten Gainers of the week

Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) was the top gainer of this week. Its initial price was Rs 416 and the closing price was Rs 466 with a gain of 12.02%(Rs 50) 

We have not included the infinity laghubitta in the list of the top gainer  as it was listed in this week

Top ten looser of the week

This list excludes promoter shares and the share of that company whose book closure date was on this week.

Janautthan Samudayic Laghubitta Bikas Bank Limited (JSLBB) was the top loser of this week. It has opened at Rs 1194 and closed at Rs 923 with the loss of 22.7%(Rs 271)

Top Stock by turn over

Nepal Bank Limited (NBL) was the top traded company of the week. More than Rs 16.68 crore worth of NBL shares were traded this week.

Top Buyers Brokers of the Week

Dynamics Money Managers Securities (Broker no-44) was the top buyers of this week and it has bought the stock of worth Rs 28.69 crores.

Top Sellers Brokers of the week

Pragyan Securities Private Limited (Broker no-10) was the top sellers of this week and it has sold share worth of Rs 22.44 Crore.